Friday, 4 October 2019

Crude Oil Price Outlook Brightens as Support Holds on Firm NFP

Crude oil prices rebounded off confluent support after a "goldilocks" US jobs report downplayed recession fears but reinforced prospects for further monetary policy accommodation from the Fed.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...